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Louie, aged 25, is a single entrepreneur from Tugas, Tangub City. He earns an income from his motorcycle transport business which he started almost two years ago and from which he earns 6,000 PHP a month.

To improve his business, Louie is borrowing 15,000 PHP from GDMPC micro-credit which he joined recently. He will use the loan to buy motorcycle accessories and tires. Before long, he’s hopeful of the possibility of expanding his business.

Additional Information


Gata Daku Multi-Purpose Cooperative (GDMPC) was founded in 1992 by 32 farmer-members to empower people by providing livelihood opportunities and other support services. Today, it has over 15,000 members located in upland, lowland and coastal regions of the Philippines, and offers credit, savings, education, and various social services.

About Philippines

  • $7,000
    Average annual income
  • 745
    View loans »
    Philippines Loans Fundraising
  • $63,295,350
    Funds lent in using Kiva
  • 41.1
    Philippines Pesos (PHP) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Louie to buy motorcycle accessories and tires.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Nov 9, 2012
Nov 21, 2012
Currency Exchange Loss:
Jun 21, 2013